Energy Update

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Illinois could get a PACE program for financing energy efficiency and renewable energy in commercial, industrial and multi-family buildings if the governor signs a bill passed overwhelmingly by the state legislature last month.

Royal Dutch Shell Plc, Europe’s most valuable oil company, expects its expertise in managing risk will make it a market leader in developing the clean energy industry.

WPX Energy has partnered with Howard Energy Partners to form a joint venture to develop midstream assets in the Permian basin.

Findings of the Section 232 steel import investigation will likely be shared soon, and it will be interesting to see how imports from Russia are treated.

(Wed, 14 Jun 2017) For the first time, monthly electricity generation from wind and solar (including utility-scale plants and small-scale systems) exceeded 10% of total electricity generation in the United States, based on March data in EIA’s Electric Power Monthly. Electricity generation from both of these energy sources has grown with increases in wind and solar generating capacity.

Egypt cut diplomatic ties with Qatar in June because of its alleged support for terrorist groups. Cairo currently relies heavily on Qatari LNG imports to make up its shortfall in domestic gas production.

Jacobs Engineering Group has signed an engineering services agreement with Keyera Partnership, which operates one of the largest independent midstream energy companies in Canada.

Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, announced that it has appointed Gajendra (Gaz) Bisht as a director of the Company with immediate effect.

Incremental Oil and Gas Ltd (Incremental Oil And Gas) has announced its entry in to the Williston Basin with the spud of the Hanson 43-43 located within the Newporte Field.

Rockhopper Exploration plc (Rockhopper Exploration), the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update.

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